Roundhill Video Games ETF (NASDAQ:NERD) Sees Large Drop in Short Interest

Roundhill Video Games ETF (NASDAQ:NERD) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,400 shares, a decrease of 30.0% from the March 15th total of 2,000 shares. Based on an average daily volume of 6,300 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Roundhill Video Games ETF Stock Performance

Shares of NASDAQ NERD traded up $0.42 during trading hours on Friday, hitting $21.04. The stock had a trading volume of 2,471 shares, compared to its average volume of 4,063. The company has a market capitalization of $19.99 million, a P/E ratio of 23.88 and a beta of 0.93. Roundhill Video Games ETF has a 52 week low of $14.35 and a 52 week high of $23.51. The firm’s 50-day moving average price is $21.33 and its two-hundred day moving average price is $20.19.

About Roundhill Video Games ETF

The Roundhill Video Games ETF (NERD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market cap-weighted index of globally listed equities of companies engaged in the video games and eSports industry. NERD was launched on Jun 4, 2019 and is issued by Roundhill.